REG - SSP Group PLC - Director/PDMR Shareholding
RNS Number : 0889WSSP Group PLC20 April 2021FOR IMMEDIATE RELEASE 213800QGNIWTXFMENJ24
20 April 2021
SSP Group plc
(the "Company")
Notification of transaction by Persons Discharging Managerial Responsibility ("PDMR") and/or their connected person
The Company was notified that the following transactions were made by persons discharging managerial responsibilities ("PDMRs") and/or persons closely associated with PDMRs ("PCAs") in connection with the 12 for 25 rights issue of new ordinary shares in the Company, announced on 17 March 2021.
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Simon Smith
2.
Reason for the notification
(a)
Position/status
Chief Executive Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
SSP Group plc
(b)
LEI
213800QGNIWTXFMENJ24
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument, type of instrument
Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:
1. registered ordinary shares; and
2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK
(b)
Identification code
GB00BNKBD935
(c)
Nature of the transaction
1. and 2. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)
Price(s) and volume(s)
Nil Paid Rights sold
1.
Price(s)
Volume(s)
£1.244963
21,538
2.
Price(s)
Volume(s)
£1.16855
847
(e)
Aggregated information
- Price
- Volume
- Total
Sale of:
1. 21,538 Nil Paid Rights at £1.244963 pence per right for a total of £26,814.01; and
2. 847 Nil Paid Rights at £1.16855 pence per right for a total of £989.76,
in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)
Date of the transaction
1. 15 April 2021
2. 16 April 2021
(g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Jonathan Davies
2.
Reason for the notification
(a)
Position/status
Chief Financial Officer
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
SSP Group plc
(b)
LEI
213800QGNIWTXFMENJ24
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument, type of instrument
Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:
1. registered ordinary shares; and
2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK
(b)
Identification code
GB00BNKBD935
(c)
Nature of the transaction
1. and 2. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)
Price(s) and volume(s)
Nil Paid Rights sold
1.
Price(s)
Volume(s)
£1.244963
8,013
2.
Price(s)
Volume(s)
£1.16855
1166
(e)
Aggregated information
- Price
- Volume
- Total
Sale of:
1. 8,013 Nil Paid Rights at £1.244963 pence per right for a total of £9,975.88; and
2. 1,166 Nil Paid Rights at £1.16855 pence per right for a total of £1,362.53,
in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)
Date of the transaction
1. 15 April 2021
2. 16 April 2021
(g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Mark Angela
2.
Reason for the notification
(a)
Position/status
Chief Executive Officer - Asia Pacific
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
SSP Group plc
(b)
LEI
213800QGNIWTXFMENJ24
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument, type of instrument
Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:
1. registered ordinary shares;
2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK; and
3. ordinary shares held within Computershare's Share Plan Account
(b)
Identification code
GB00BNKBD935
(c)
Nature of the transaction
1., 2. and 3. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)
Price(s) and volume(s)
Nil Paid Rights sold
1.
Price(s)
Volume(s)
£1.244963
5,500
2.
Price(s)
Volume(s)
£1.16855
813
3.
Price(s)
Volume(s)
£1.16855
31,168
(e)
Aggregated information
- Price
- Volume
- Total
Sale of:
1. 5,500 Nil Paid Rights at £1.244963 pence per right for a total of £6,847.29; and
2. 813 Nil Paid Rights at £1.16855 pence per right for a total of £950.03; and
3. 31,168 Nil Paid Rights at £1.16855 pence per right for a total of £36,421.37,
in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)
Date of the transaction
1. 15 April 2021
2. 16 April 2021
3. 16 April 2021
(g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Oliver Dörschuck
2.
Reason for the notification
(a)
Position/status
Chief Executive Officer -Continental Europe
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
SSP Group plc
(b)
LEI
213800QGNIWTXFMENJ24
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the financial instrument, type of instrument
Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:
1. registered ordinary shares; and
2. ordinary shares held within Computershare's Share Plan Account
(b)
Identification code
GB00BNKBD935
(c)
Nature of the transaction
1. and 2. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)
Price(s) and volume(s)
Nil Paid Rights sold
1.
Price(s)
Volume(s)
£1.244963
13,770
2.
Price(s)
Volume(s)
£1.16855
12,534
(e)
Aggregated information
- Price
- Volume
- Total
Sale of:
1. 13,770 Nil Paid Rights at £1.244963 pence per right for a total of £ 17,143.14; and
2. 12,534 Nil Paid Rights at £1.16855 pence per right for a total of £ 14,646.61,
in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)
Date of the transaction
1. 15 April 2021
2. 16 April 2021
(g)
Place of the transaction
London Stock Exchange, Main Market (XLON)
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary
Tel: +44 (0) 207 543 3404
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